Compare Today’s Mortgage Rates in Peabody, Massachusetts 01960
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Peabody, Massachusetts 01960.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Peabody, Massachusetts 01960. For a 30-year fixed loan, our calculations show that you can expect to save up to $33,321 over the lifetime of your mortgage, which translates to a monthly savings of $93 in Peabody and other areas of Essex county.
Summary of Average Mortgages in Peabody, Massachusetts 01960
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Interactive Mortgage Rate Projections for Peabody, Massachusetts 01960
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Peabody, MA 01960. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Peabody, Massachusetts 01960 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Peabody, Massachusetts and around Essex county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 94.32% | 93.63% | 93.88% | 93.88% | 90.74% | 90.39% | 90.56% | 93.10% | 90.04% |
avg mortgage rate | 6.34% | 4.53% | 2.97% | 3.31% | 4.28% | 4.56% | 4.15% | 3.90% | 4.07% |
% 15 year fixed mortgage | 4.71% | 5.14% | 4.99% | 4.98% | 7.05% | 7.48% | 8.15% | 5.85% | 8.52% |
avg mortgage rate | 5.48% | 3.52% | 2.34% | 2.84% | 3.71% | 4.00% | 3.30% | 3.10% | 3.20% |
Avg credit score | 755.66 | 764.51 | 757.28 | 760.42 | 762.50 | 757.90 | 756.65 | 755.20 | 757.08 |
Avg LTV (loan to value) | 80.31% | 81.25% | 82.21% | 82.46% | 81.73% | 80.63% | 81.40% | 83.05% | 81.21% |
Avg DTI (debt to income) | 37.20 | 35.26 | 33.77 | 33.64 | 34.94 | 34.99 | 34.25 | 33.70 | 33.75 |
% First time homebuyer | 55.19% | 51.92% | 48.74% | 48.90% | 47.22% | 43.07% | 44.05% | 48.54% | 45.06% |
Avg mortgage insurance % | 12.73% | 12.50% | 12.89% | 13.28% | 12.46% | 11.12% | 11.43% | 13.17% | 11.78% |
Best Mortgage Brokers around Peabody, Massachusetts 01960
For those searching for a new home in Peabody, we have compiled a list of the top mortgage brokers located in and around Peabody, Massachusetts 01960 to assist you with your search.
Mortgage Specialists
1 Mount Pleasant Dr
Peabody MA 01960
(978) 532-6030
kreedy@themortgagespecialists.com
New Fed Mortgage
45 Central St
Peabody MA 01960
(978) 854-5182
East West Mortgage
108 Newbury St
Peabody MA 01960
(978) 536-4300
johngallagher@eastwestmortgage.com
Bay Mortgage Services
5 Essex Green Dr
Peabody MA 01960
(978) 531-2008
OneMain Financial
300 Andover St
Peabody MA 01960
(978) 538-9215
http://www.onemainfinancial.com/uscfa/cfa/portal/home.do
Address
1 Mount Pleasant Dr
Peabody MA
Contact
(978) 532-6030
kreedy@themortgagespecialists.com
Address
45 Central St
Peabody MA
Contact
(978) 854-5182
Address
108 Newbury St
Peabody MA
Contact
(978) 536-4300
johngallagher@eastwestmortgage.com